Published: June 08, 2012
Business Roundtable (BRT) welcomed today’s House passage of H.R. 436, the Protect Medical Innovation Act of 2011, which repeals a $30 billion medical device tax scheduled to take effect in January, and called for swift action by the Senate.
As providers of health insurance coverage to nearly 40 million beneficiaries, BRT CEOs stand for affordable, quality health care that delivers greater value to American families.
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Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.
BRT companies give nearly $9 billion a year in combined charitable contributions.